AI Data Center Leader Loses 9 Trillion Won in Market Value in One Day

Vertiv Holdings Co. (VRT), a leading AI data-center infrastructure stock, plunged 7.6% on the New York Stock Exchange on the 29th, closing at $236.18 and wiping out about $6.4 billion in market capitalization—roughly ₩9 trillion—in a single day.

Following the drop, its market cap stands at about $90.4 billion (around ₩126 trillion), as the sector undergoes a correction amid recent profit-taking and a valuation reset in the data-center infrastructure industry. ([kalkine.com])

Nevertheless, the company is aggressively expanding capacity to meet surging power and cooling demands in AI data centers, announcing its inclusion in the S&P 500, expansions of production facilities in Pennsylvania, USA, and Mexicali, Mexico, and plans to acquire Italian thermal-management firm ThermoKey. ([industrialnews.co.uk])

Vertiv, a U.S. infrastructure provider of power-management and cooling solutions for data centers, has seen its stock climb over 170% in the past year on the back of the AI and cloud investment boom and was added to the S&P 500 index in March 2026. ([parameter.io])

As a key infrastructure partner for next-generation, high-density AI servers—including supplying modular power and cooling blocks for NVIDIA’s AI Factory reference design—the company continues to attract strong expectations for long-term growth. ([sahmcapital.com])